JPMorgan: Tokenization Lags, Wall Street Hesitant

Imagine you could break up big investments, like stocks, into smaller digital pieces using something called blockchain.

This is tokenization!

People thought it would make things faster and cheaper in the money world.

But, right now, it's not very popular with big investors, like banks.

JPMorgan says it's still a small part of the market.

The main problems are that rules are different everywhere, it's hard to be sure everything is legal, and some people don't trust these new digital contracts.

Although some companies are trying it out, the idea hasn't really taken off with the big players, who don't see much reason to change yet.